135,621 Shares in iShares 20+ Year Treasury Bond ETF $TLT Bought by Clark Capital Management Group Inc.

Clark Capital Management Group Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the third quarter, according to its most recent filing with the SEC. The firm acquired 135,621 shares of the exchange traded fund’s stock, valued at approximately $12,120,000.

Several other institutional investors also recently bought and sold shares of the company. Ausdal Financial Partners Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $914,000. Cantor Fitzgerald L. P. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 38.4% during the third quarter. Cantor Fitzgerald L. P. now owns 15,911 shares of the exchange traded fund’s stock worth $1,422,000 after acquiring an additional 4,411 shares during the period. Bank of Nova Scotia raised its holdings in iShares 20+ Year Treasury Bond ETF by 180.5% during the third quarter. Bank of Nova Scotia now owns 150,434 shares of the exchange traded fund’s stock worth $13,444,000 after purchasing an additional 96,801 shares in the last quarter. Boothbay Fund Management LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 6.2% during the third quarter. Boothbay Fund Management LLC now owns 6,810 shares of the exchange traded fund’s stock worth $609,000 after purchasing an additional 400 shares in the last quarter. Finally, Credit Agricole S A acquired a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $9,938,000. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 0.5%

Shares of TLT opened at $86.54 on Monday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $94.09. The stock’s 50 day moving average is $88.28 and its two-hundred day moving average is $88.87. The firm has a market capitalization of $44.91 billion, a PE ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.3006 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, March 2nd.

iShares 20+ Year Treasury Bond ETF Company Profile

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.